Philip Chua Business Blog » brokerages

Defensive stocks in favour with STI fall seen

Recent Updates on IM$avvy Headlines — Mon, 06 Sep 2010 00:00:00 +0000

AGAINST the backdrop of continuing uncertainty in the market, two brokerages are seeing more play on defensive stocks. This comes as the Straits Times Index (STI) could fall as low as 2,530 points - a drop of about 14 per cent - over the coming 3-6 months, according to a report by DMG & Partners Securities. 'Not too late to sell,' said the DMG report dated Sept 2. 'Given the current uncertaint... more

Investors find cheaper way to own blue chips

News Feed — Thu, 01 Oct 2009 16:38:51 +0000

GAINING exposure to a blue-chip company need not mean buying its pricey shares listed on the Singapore Exchange (SGX).
Investors are making a beeline for an increasingly popular financial derivative product known as Contracts for Difference (CFDs), which enable them to ‘own’ these blue chips without having to stump up the full price of the stock.
Brokerages jostling for a slice of the action inclu… more

OCBC offers direct access to foreign bourses

News Feed — Fri, 11 Sep 2009 01:58:28 +0000

TRADING in foreign stocks is becoming increasingly popular in Singapore and brokerages are responding by offering their clients easy access to them.
Yesterday, OCBC Securities made it a breeze for its clients to trade in 10 markets, besides Singapore, by launching a ‘direct market access’ service to them.
Its managing director, Mr Hui Yew Ping, said the new service would help investors to capitali… more

Nasdaq to stop offering flash trading Sept. 1

News Feed — Fri, 07 Aug 2009 04:55:30 +0000

The operator of the Nasdaq stock market said Thursday it will stop a practice that gives some brokerages a split-second advantage in buying or selling stocks.

SEC moving toward banning flash orders

News Feed — Wed, 05 Aug 2009 09:02:26 +0000

The Securities and Exchange Commission is moving toward banning a trading practice that gives some brokerages a split-second advantage in buying or selling stocks.